This study examines the government's incentives to control partially privatized SOEs in share issue privatization in China. In addition to controlling firms in strategic industries, in certain geographical areas, and that have related party transactions, our result shows that government selects...

This study uses a novel measure of climate change exposure at the firm level to investigate the impact of climate change on the value of Asia-Pacific non-financial firms. We examine whether increased carbon disclosure mitigates this impact. The findings reveal that a one-standard-deviation...

Accessibility to loans for house purchases in urban China is problematic. Continuing governmental efforts to control rising house prices has affected consumers' ability to find funding, with different consequences for the various buyer segments of the population. These result from differences in...